Vietnamplus

The National Assembly Standing Committee convened its 39th session on November 21 under the chair of NA Chairwoman Nguyen Thi Kim Ngan.

The Cuu Long (Mekong) Delta Region needs to be more innovative in production to grow sustainably in the context of climate change and environmental and integration challenges, experts have said.

The set of Principles of Best Corporate Governance for all public companies in Vietnam was publicised by the State Securities Commission of Vietnam (SSC) at the Ho Chi Minh Stock Exchange (HOSE) on August 13.

The State Capital Investment Corporation (SCIC) will put its entire 36.3 percent stake, or 44.2 million shares, in the Vietnam Vegetable Oils Industry Corporation (Vocarimex) on the Hanoi Stock Exchange on August 15.

Deputy State Auditor General Vu Van Hoa has expressed wish to continue cooperating with the US’s Public Company Accounting Oversight Board (PCAOB) in the near future during a recent working session in Washington D.C.

The Unlisted Public Company Market (UPCoM) has grown over the last 10 years and become more transparent, attracting increased interest from investors.

Despite a draft roadmap to apply International Financial Reporting Standards 9 (IFRS 9) compulsorily in Vietnam from 2025, domestic banks should start preparations now as the complex norms have proved a major challenge for global financial institutions, experts have said.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has been named in the 17th annual Global 2000 – Forbes’ ranking of the World’s Largest Public Companies in 2019.

Merging the two national stock exchanges would improve efficiency and trading conditions, the 14th National Assembly heard at a meeting on June 6.

Four Vietnamese firms have been named in this year’s Global 2000 list by Forbes, an annual ranking of the world’s biggest and most powerful public companies.

Four Vietnamese firms have been named in this year’s Global 2000 list by Forbes, an annual ranking of the world’s biggest and most powerful public companies.

The adoption of International Financial Reporting Standards (IFRS) will be compulsory for State-owned enterprises (SOEs), listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance recently made public for comments.

Transparency and quality of information disclosure are the main concerns for market members, public companies and auditors to lure a larger amount of capital in 2019, business executives have said.

The State Bank of Vietnam (SBV) has set a target to stop cross-ownership among credit institutions (CIs) by the end of 2020.

Vietnam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index.

Issuance value of corporate bonds in Vietnam reached a five-year high of 39.45 trillion VND (1.7 billion USD) in 2018, data from Bao Viet Securities Co (BVSC) showed.

The business news website Bloomberg has run an article explaining why Vietnam could get the most benefits among Asian nations from the US-China trade conflict.

Foreign investors cannot take their eyes off the Vietnamese real estate market, one of the most dynamic emerging markets globally, according to an article by regional managing director, Southeast Asia, CBRE Vikram Kohli on www.bussinesstimes.com.sg.

The new amended draft law on securities allowing full foreign ownership at public companies and investment funds would help Vietnam’s securities market be included in the Morgan Stanley Capital International (MSCI)’s review list for a potential reclassification to Emerging Markets status.

Transparency is critical to raise the efficiency of State-owned enterprises (SOEs), heard a seminar in Hanoi on September 19.